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Search Results 0 to 39 of about 40 (some duplicates have been removed)
to fight all over again on this and maybe threaten something on the debt ceiling, which for them would be worse. >> one of the things that hasn't changed since the republicans saying these job numbers are terrible. we're going to keep cutting medical they get even worse. >> so in terms of the big battle and any kind of possible grand bargain, you think that's over continuing resolution and budget numbers? >> yeah. well, i mean, the first thing that comes up time-wise, is on march 1st we have to deal with the sequester because the republicans reordered the way that these things are going to fall on the calendar. the sequester is those automatic spending cuts. billions -- tens of billions of dollars just this year in spending cuts. the republicans would like to have some kind of spending cut win this year, and that might be their only opportunity to get one, so you can see them hunkering in and saying, you know, we're going take the hit on defense spending cuts, but we're going to get spending cuts here by hook or by crook, and for democrats they might say, you know, we would rather lose
ceiling -- the last time i checked, 87 americans did not die from the fiscal cliff or the debt ceiling. they are dying from unrestricted access to guns and congress is to blame. >> jennifer: give us some hope. if you have to put your prognosticating hat on, which of the measures are going to get through this congress? will there be an assault weapons ban, background checks and a ban on high-capacity magazines. >> if general mccrystal continues to speak out that these are designed for war and maximum body damage, not for a civilized society, we might get that ban on assault weapons. we should get a universal background check for all gun sales so it's harder for criminals, the mentally ill and terrorist groups that come to u.s. gun shows because they can buy assault weapons without a background check in this country, we should be able to get that. the ban on high-capacity ammunition clips is just common sense. we should get consumer protection standards like we have for toy guns but not real guns and then lindsay graham is so disingenuous -- he has done everything
vote on the debt ceiling in 30 minutes. what we expect to happen there and what it means for the larger budget bat until d.c. asional have constipation, diarrhea, gas, bloating? yes! one phillips' colon health probiotic cap each day helps defend against these digestive issues... with three strains of good bacteria. [ phillips' lady ] live the regular life. phillips'. behind the silver of philadelphia cream cheese. it always begins with fresh, local milk, blended with real wholesome cream. going fresh from the farm, to our fridge, in just six days. because we believe in fresh taste. that's the way we set the standard for intensely rich, luscious flavor. so our story of fresh taste always ends... deliciously. when it comes to taste, philadelphia sets the standard. >>> in the next hour, the senate is expected to vote on and pass the house's debt ceiling deal. a bill that su spends the debt limit for four months and foregoes the threat of default but doesn't end the fiscal threat. sequestration looms large over the capitol. a provision in the bill being voted on today would whoeld house and
with this sequester, it was a total disaster for them. then they decide not to fight on the debt ceiling and they need to move the attention on to something else. say they do have leverage elsewhere. so they have chosen sequester and put up a very brave face on it. it's possible they could convince themselves to let it actually happen but the idea that they get some sort of significant political gain from it, these are cuts they hated and they hated in large part because they hurt things they care about. so to permit the sequester to go forward on that kind of rationale is not a political win, not a policy win. everybody is losing. >> the "new york times" op-ed says more than a million jobs are on the line if this deal isn't made. a quote saying the losses will soon spread as contracts to states and cities are cut, education and police grants are cut, and payments to medicare providers are cut, even the aid just approved to victims of hurricane sandy will fall under the sequester's act. americans are about to find out what happens when an entire political party demands deficit reduction at all costs b
to extend the debt ceiling, but another budget battle could shut down the entire federal government. rich edson is lye on capitol hill for the fox business network. what's going on, rich? >> reporter: good afternoon, jon. in a couple of days, the senate will vote on a proposal to extend the debt ceiling out til may, so if the senate does, it heads to the white house for the president's signature, and that reorders the calendar of deadlines as far as spending is concerned, so next up would be the government spending cuts, the automatic spending cuts known as the sequester followed by march 27th a large chunk of government spending authority runs out. and without an agreement the, basically, no spending agreement there you'd have a government shutdown on may 18th, that's the next debt ceiling deadline if this does manage to pass the house and the u.s. senate and go to the president's desk for his signature. analysts are saying next up now is that big government spending fight dealing with the appropriations process, and it makes it more likely now with that up next that there could be a got
to raise the debt ceiling. >> a tornado it is being blamed for a death in georgia. homes were destroyed, cars were tossed. thousands of people are without power in tennessee. three tornadoes touched down. >> now insta-weather plus and traffic pulse 11 together. >> it was a rough night in maryland. we had anywhere from 1-4 inches of rain. temperatures right now or in the 50's. a cold front is going through. following are steady temperatures for the rest of the day. there could be some leftover rain showers. it will be a lot colder this afternoon. seven-day forecast in a few minutes. >> we have a crash northbound on 95 at 32 in howard county. three left lanes are blocked. things are moving fine. we do not see any delays. some flooding from the heavy downpours overnight. york road, we have a closure. eastbound 50, we have a crash that is blocking the right lane. some debris blocking the right lane. 65 on the harrisburg expressway . traffic is moving find in both directions. that is the latest on traffic pulse 11. >> 52 degrees at the airport. >> 11 treat designer is coming up with a plan t
you go to 2011 and see that seven months was dedicated to arguing about the debt ceiling. the debt ceiling, which does not one thing to add to the budget deficit. not one nickel of spenning, it's agreeing to pay the bill. we waited seven months and threaten ord credit rating. the american people are sick of that. they want action. they want their taxes low, as we just saw happen reinly in avoiding the fiscal cliff -- which came as i might add through bipartisanship. the republicanses came through with the table to what obama proposed and he compromised with raising it to the $4,000 level. that's the action that people want to see. >> speaking of our president, he said during obamacare, oh, you're premiums wouldn't be raised. sorry, david. that's exactly what we are seeing -- >> when 2014 comes along -- [overlapping dialogue] >> americans are not able to keep their health insurance. another thing the president promised. >> i have to say, after an absence of david being out, with personal issues and health issues, we are glad to see you back. >> it's a pleasure to be back. >> happy t
final approval today to a measure that would at least put off the debate over raising the debt ceiling. this measure suspends the government's borrowing limit to may 19th. the national debt will be pushing $17 trillion. in other words, it's really washington's version of kicking the can down the road. the president is expected to sign this bill immediately. >>> now to the economy and the financial markets. stocks fell a bit today with all three major indexes modestly lower. but for the month, the dow was up almost 6%, the best since january in '94. nasdaq gained 4%, s&p just over 6. its best january since '97. what is the market surge trying to tell us when mixed in with some bad news out there, as well? and on the eve of another big jobs report? our report from nbc's tom costello. >> reporter: 25-year-old kory wilson can tell you, it's not easy looking for a job. she has applied for 200 since earning a master's degree in public relations last may. >> being a post graduate, either i'm overqualified or i'm underqualified. >> she is looking for work, but the economy seemingly poised to e
talking with the senator, the debt ceiling crisis could soon be resolved at least for now. the senate set to vote on a bill to raise the federal borrowing limit just temporarily. we're live in washington with that story next. eat good fats. avoid bad. don't go over 2000... 1200 calories a day. carbs are bad. carbs are good. the story keeps changing. so i'm not listening... to anyone but myself. i know better nutrition when i see it: great grains. great grains cereal starts whole and stays whole. see the seam? more processed flakes look nothing like naturalrains. you can't argue with nutrition you can see. great grains. search great grains and see for yourself. for multi grain flakes tt are anxcellent source of fiber try great grains banana nut crunch and cranberry almond crunch. making the big romantic gesture. that's powerful. verizon. get a nokia lumia 822 in red for free. jon: fox news weather alert. a powerful storm system sweeps through the southeast, leaving widespread damage in its wake. tornados, flipping cars and flattening homes in bartow county, georgia, yesterday. at least one
for biotechnology, information and analysis, "biocentury this week." >>> congress has postponed the debt ceiling crisis. now the focus in washington has swung back to budgets and deficits. the nation is heading toward budget sequestration. for medicare this means a 2% spending cut. but that's just a downpayment. any serious attempt to tackle the deficit must curb the increase in medicare and medicaid spending. last week a kaiser family foundation report listed 150 ideas to reduce medicare spending. the problem is almost all of
that had already been approved in the house that extended the debt ceiling until late this summer. it was the right thing to do. it was the right thing to extend the debt ceiling of our nation because it allows us to pay the bills that we have already incurred. there isn't one dime of new spending that's authorized under the legislation we approved. my only regret is that we didn't extend it for a longer period of time, giving greater certainty to the financial markets. for you see that if we were to ever violate the debt ceiling, the consequences would be that the taxpayers of this country would have to pay more for the obligations of our nation and interest costs. it would permanently damage the reputation of this nation as far as our ability to pay our bills. it would be counterproductive to everything we're trying to do to help the taxpayers of america. so it was the right thing for us to do to extend the debt ceiling, but we still have a lot more work we need to do. our current accumulation of debt is not sustainable. we can't continue to spend what we're spending today and c
. i think they will do the same thing on the upcoming debt ceiling and sequestration. ashley: so if we do have this pullback after the state of the union, jeff, what sectors or stocks in particular do you like? >> i actually like all the sectors except the consumer staples. a lot of portfolio managers, professional money has been hiding out in the consumer staples because they were worried about the upcoming election, the fiscal cliff, the debt ceiling, china slowing, you name it, dysfunctional government. now it has become more apparent our dysfunctional government has become a little bit less dysfunctional i think investors will start to have to look at the fundamentals. i think the fundamentals with the housing situation, the automobile strength i think it is going to come to the fore. tracy: i hope you're right, jeff saut, with raymond james. thank you very much, sir. >> you bet. ashley: jeff says when housing is healthy and automobile industry is healthy that's always a good sign for a solid recovery. tracy: he is not wrong, right? they do kumbaya at the last minute. ashley: good
the house back no, budget no, pay bill with the current debt ceiling of $64 trillion in mid-may when it is estimated to be $50 million more. the house and senate have to pass budget by mid-april or member paychecks will be held. >> the united states could default on the obligation every few months. not an ideal way to run a government. a short-term solution is better than another imminent manufacturered crisis. >> house republicans passed budget in the obama era and created the salary threat so senate democrats who have not do so this year. >> republicans tried to pass amendments that prioritize payments when cash runs first, pay interest first, social security and active duty military pay. and measure offsetting new debt with the matching spending cut. >> no gimmicks or timing shifts but these would be real cuts and growth in federal spending. >> democrats blocked each amendment. the no budget no, pay act sent unauthorred to the president for promiseed signature. >> the motion carries. >> there is no break in the battle. new deadlines loom. unless the two parties agree on a compromi
. it is set to vote on a bill to athe debt ceiling to keep going up through the middle of may had a would delay the ex-penned showdown between democrats and republicans over spending cuts. the house passed a bill last week. >>> president obama says he will sign it if it passes in the senate. >>> we are still following a developing story out of alabama. a-year-old boy is being held hostage and is now going on three days. here is what we know. 63-year-old man boarded a school bus tuesday after fatally shooting the bus driver. he grabbed the 5-year-old sxwoy pled the scene. police tracked the man down but says he has been holding the child hostage for more than 30 hours. neighbors of the man describe him as a loner and survivalist who distrust it is government. you can count on news4 for updates it is a story continues to unfold. >>> metro says it may need to review its procedures with d.c. fire after a chaotic evening commute. an insulator started smoking on the green line and the emergency responder cut the wrong electricity source. that left two trains stopped for hours between the anacos
, are we going to shoot ourselves in the foot and not raise the debt ceiling? or not come to an agreement on varies things is one of the main things that can derail us. i'm more nervous about europe than some people. interest rates are down in some of the most troubled countries and their troubles are still there. we still have a risk to the economy. i don't see us heading off to a robust, fast recovery. i think 2013 will be better than 2012. i wish i could tell you that it would be really good because that's what we need. >> i don't call myself an economist. i specialize in economic policy. i try to be a good consumer of other forecasts. one thing i learned from that is frankly i don't trust any macro forecast that goes beyond six months. i don't think -- they are just guessing beyond that. i think we probably -- at least i would have similar reactions. i am still concerned about the risks posed by europe. i'm still quite concerned about the risks from things heating up in the middle east. the u.s. economy is repairing itself. we don't have at significant housing drag that we did a year
as it wants. the house and senate extended the debt ceiling. president obama has signed the no budget, no pay act of 2013. not only does that put off the nation's debt obligations until may 18th, it also withholds pay for a number of congressmen and womenless women unless they pass a budget by april. >>> eight senators have voted to block the violence against women act. that bill would protect victims of domestic violence and this particular version extends that care to illegal immigrants, native americans and lgbt members. senators who voted against considering that bill include ted cruz, marco rubio and rand paul, all republicans. more bill's up next. stay with us. to me now? you know the kind of guys that do reverse mortgage commercials? those types are coming on to me all the time now. (vo) she gets the comedians laughing and the thinkers thinking. >>ok, so there's wiggle room in the ten commandments, that's what you're saying. you would rather deal with ahmadinejad than me. >>absolutely. >> and so would mitt romney. (vo) she's joy behar. >>and the best part is that current will let
, but things look good. we did not go over the fiscal cliff and we did not hit the debt ceiling. evidence is piling up. >> that's true. here is the thing that struck me about hagel hearings, it seemed at times that chuck hagel was surprised that these people were not happy with him. it's as if he did not read a newspaper in month. >> his response to the surge question. mccain is the biggest supporter of the surge, he led it. chuck hagel disagreed and mccain seems to be right. and hagel looked surprised by the question. in defense of molly's story and washington is getting better. that was not about dysfunction of washington, the two of them just do not like each other. that has nothing to do do with the broader things washington. the issue matrix is changing a bit. what we with saw in 2009 and 2010, when health care and economy were on the table, those are where the parties are fundamentally divided. that is going to be true. but the immigration, there's not the same divide with them. so it's not a polarizing issue with john kerry. part of the reason we are seeing less dysfunction -- on o
overseas. your push right now is getting it back home. >> with the fiscal cliff and debt ceiling and trying to get bipartisan, but over here is something called poverty, 50 million americans and racial disparity and cities collapsing and the like. i'm going to make the case we should build america an urban infrastructural bank for the purpose of long-term loans. we do it in europe and japan. and no other country charges people to repatriate their money once they pay taxes in that country. but we do. but if we, in fact, took a portion of that money, part for research and development and part of it for an institutional bank, you could do what banks are not doing, and that's invest in these downtrodden areas of our country. >> gillian, we've been talking about it for years, trillions of dollars sitting on the sidelines not coming back to america. how do we get it back here? >> almost $2 trillion. you've got average household earnings down over the past four years, poverty is up. we need this money working in our economy. how do we get it here? >> absolutely. i think the reverend's idea is very
resolution and postponed debt ceiling decision. which shouldn't be a decision. and all you have been hearing from the majority in the house and the republicans in the senate is austerity, austerity, cuts, cuts and avoiding the whole discussion of the fact that those -- that attitude and philosophy is only going to worsen the economy if the sequestration goes through, that is 660,000 jobs lost the first year and the balancing act is about creating revenue and creating revenue from sources that should be on the table, but aren't being discussed on the table. balancing act is about investment in this term with jobs, education, r&d's in order to grow and stin the recovery we are on. investment in this term. and we all recognize the deficit is an issue, but an issue over a long-term and the balancing act by repealing sequestration, creates for us in this country an opportunity to continue to recover and stabilize our economy, invest in things that we need for the future and put on the table revenue that is not there that needs to be part of the revenue generation that we need in order to deal wit
consensus to keep kicking the can down the road. i think the debt ceiling went like groundhog day. it's like this time we're going to have this debate. then at midnight on new year's eve we pass a bill and give senators six minutes to reid it before it goes and we've now avoided the fiscal by kicking the can down the road which now we passed a bill to push off until may the reckoning for the debt ceiling. nobody has come to the table to try to fix things. i say the senate hasn't actually passed a budget. the president and democrats haven't passed a budget in four years. there is a fundamental inability for congress to do their job. you are supposed to pass a budget by april 15. you are supposed to reconcile all those bills by october. that hasn't happened in four years. instead we've had this crisis atmosphere where things are passed in the middle of the night and nothing gets done. >> we only look at law makers records as they pertain to gun related issues. the numbers in the house and numbers of the senate haven't changed so much from the previous congress but there are faces that haven't
on the fiscal cliff, the three-month extension on the debt ceiling, have done absolutely nothing to resolve our long-term fiscal challenges. and given the fact that we have no long-term agreement, consumers are doing exactly what you're saying. they're hungering down because they're scared. martha: i think you have to accept that across the board, both parties do in terms of nothing being accomplished. >> everybody agrees on that. on all sides. there is no doubt about that. martha: we've got it all figured it out. we'll let them work on it down there in washington. thanks very much, guys. great to have you all here. bill: problem solved, right? martha: yep. bill: got breaking news, martha. getting some aerial pictures from calhoun, georgia. this is hour, hour 15 minutes north of atlanta, georgia. after the storms ripped through the area yesterday and overnight last night. some reports have six dead as a result of this huge storm that went through. some of the images earlier showed some of these foundations just completely rocked to the ground. that is the aftermath you're seeing, what appear to
followed the house of representatives in the past legislation extending the nation's debt ceiling, this time at least until may 19th. but for practical purposes, probably a few months longer than that. the vote in the senate, 64-34. the bill passed the house next week and will sign it into law. there will be an increase in the nation's debt limit, at least for the next few months. they will battle over this later down the road. other news we're following, three stories involving high-profile shootings at a time when the nation is struggling with the issue of guns. lisa sylvester is monitoring that. some of the other top stories in "the situation room." lisa, what's the latest? >> at least one person has been shot at a middle school in atlanta. the victim was conscious and breathing when taken to a local hospital. the suspected gunman is believed to be a student and is in custody. >>> police outside of dallas are investigating the shooting of a prosecutor. district attorney mark haas was gunned down this morning outside the county courthouse. police aren't sure whether haas was tar
the other. the debt ceiling or the sequester or the sgr cliff. does congressional staffers, i'm sure debbie can attest to, we are constantly living in his temporary environment because we have to. that is unfortunate your we would all like to take some time and do a deep dive into deep policy thinking and try to think of transformational ideas that can transform everything, but when we kind of walking to work reality hits us. we have a job to do. we have to take of the thing that is the most pressing on the front end, and, unfortunately, that's kind of the environment we are living in. and it was a very interesting panel, especially the last one, where i was hearing, there's nothing better than congressional staffers. actually talk to patients are going through the clinic. one of the things that, the reality that we suffer with, unfortunately and this is something we all have to deal with come is just the fiscal reality. as you rightly pointed out, it is right now the debate is about budget and at, people are can't figure out to control costs but also how to find actual savings that are sco
and the democratic party. in terms of the debt ceiling deal, the fiscal cliff, the bipartisan senators who came together on immigration, which, aga again, that's kind of a rope thing in washington, d.c., but it's been absent for the last couple of years. when george w. bush was elected, no child left wind was a top domestic priority and you had a kind of gang of eight style thing. >> no child left behind just didn't happen. bush reached out to ted kennedy, and you worked the issue and -- >> sure. they worked on the recovery act. they want today recovery. >> they didn't work on the -- >> yes, they did. >> it was one of those ludicrous republican myths that obama didn't reach across the aisle. and ma myth is so foundational to a lot of republican thinking and i'm guessing to you and i it seems so divorced from reality that it's hard to even engage with, right, the idea that obama didn't attempt to genuinely attempt a bipartisan governing style. >> you can call it a myth. i think the proof is in the pudding. i think that this -- >> so you blame obama for the fact that there's this -- >> listen, i'
that was brought by house republicans in passing their no budget, no pay provision as part of the debt ceiling bill that's now come over to the senate, it looks like the senate according to senator murray will now take up a budget. this is important because while republicans believe that spending is the problem not a lack of taxation, it's going to be a revealing exercise to see how this budget markup goes in committee and then, of course, on the floor. and it will be, i'm sure, a challenge for those who believe that more revenue is a solution as opposed to reining in spending to see how senate democrats produce 51 votes to pass a budget by the april 15th deadline. >> senate republicans just released a video that highlights the president's past statements when it comes to tackling the debt and his actual record when it comes to tackling the debt. and when out comes to reducing the debt as we would say out in the west, the president has been all hat and no cowboy. in other words, he's been all talk and no action. what we've seen over the past four years as trillion dollar deficits every single year,
Search Results 0 to 39 of about 40 (some duplicates have been removed)